Question ID
2023_6710
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - COREP (incl. IP Losses)
Article
430
Paragraph
7
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) 2021/451 – ITS on supervisory reporting of institutions
Article/Paragraph
Annex II - paragraph 114
Type of submitter
Credit institution
Subject matter
Validation rules: v7374_m, v7375_m and v7377_m
Question

Can EBA confirm that the validation rules v7374, v7375 and v7377 satisfy with paragraph 114 of Commission Implementing Regulation (EU) 2022/1994 of 21 November 2022 for investor positions?

Background on the question

In EBA Q&A 2022_6648, which comprises a similar question with regard to v7372 and v7373, the status of that question is under review by EBA.

However, this EBA Q&A does not include v7374, v7375 and v7377.

In the EBA validation rules (uploaded 12 December 2022), the following validation rules have been included with regard to template C14.01

v7374_m: [C 14.01 (All rows)] sum({{C 14.01, c0330, (sNNN)}}) <= {{C 14.00, c0250}}

v7375_m: [C 14.01 (All rows)] sum({{C 14.01, c0340, (sNNN)}}) <= {{C 14.00, c0260

 v7377_m: [C 14.01 (All rows)] sum({{C 14.01, c0360, (sNNN)}}) <= {{C 14.00, c0280}}

However, paragraph 114 of Commission Implementing Regulation (EU) 2022/1994 of 21 November 2022 states as follows:

“Because of Article 5 of Regulation (EU) 2017/2402, which establishes that institutions investing in securitisation positions shall acquire a great deal of information on them in order to comply with due diligence requirements, the reporting scope of the template shall be applied to investors to a limited extent. In particular, they shall report columns 0010-0040; 0070-0110; 0160; 0190; 0290-0300; 0310-0470.”

Therefore in our view, the three above-entioned validation rules may not be required when following paragraph 114 of the ITS for investor positions as the columns 250, 260 and 280 are not mentioned in this paragraph 114.

Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because the issue it deals with is addressed in the validation rules file (column 'If value missing (but table prerequisites met)') published by the in accordance with Annex XV of Regulation (EU) 2021/451 (ITS on Reporting). See also Q&A 6648.

For further information on the purpose of this tool and on how to submit questions, please see 'Additional background and guidance for asking questions'.

Status
Rejected question